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First Addendum To Agreement Template for Singapore

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Key Requirements PROMPT example:

First Addendum To Agreement

"Need to draft a First Addendum To Agreement under Singapore law to modify the payment terms and add a new party to our existing software licensing agreement, with changes to take effect from March 1, 2025."

Document background
A First Addendum To Agreement is used when parties need to modify an existing agreement without creating an entirely new contract. This document type is common in Singapore business practice and must comply with Singapore contract law. It typically includes specific amendments to the original agreement, confirmation of unchanged terms, and effective dates for the modifications. The First Addendum To Agreement serves as a formal record of changes while preserving the original agreement's framework and maintaining legal certainty for all parties involved.
Suggested Sections

1. Parties: Identification of all parties to the original agreement and addendum

2. Background: Reference to original agreement and reason for addendum

3. Definitions: Key terms used in the addendum, including reference to original definitions

4. Amendments: Specific modifications to the original agreement

5. Confirmation: Statement that all other terms remain unchanged

6. Effective Date: When the amendments take effect

Optional Sections

1. Additional Parties: Used when new parties are being added to the agreement

2. Consideration: Used when the amendment involves new value exchange

3. Ratification: Used when retroactive effect is needed for previous actions

Suggested Schedules

1. Schedule of Amendments: Detailed list of specific changes to original agreement clauses

2. Revised Payment Schedule: If payment terms are being modified

3. Original Agreement: Copy of the original agreement being modified

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions











Clauses










Industries

Contract Act 1872: Primary legislation governing contract formation, modification, and enforcement in Singapore (Chapter 53)

Common Law Principles: Principles governing contract modifications and variations under Singapore's common law system

Electronic Transactions Act 2010: Legislation governing electronic signatures and digital execution of documents in Singapore

Stamp Duties Act: Legislation governing stamp duty requirements for certain types of contractual documents and their amendments

Sale of Goods Act: Relevant if the original agreement involves commercial sale of goods

Conveyancing and Law of Property Act: Applicable if the original agreement involves real estate or property matters

Employment Act: Relevant if the original agreement is employment-related

Consumer Protection (Fair Trading) Act: Applicable if the agreement involves consumer transactions

Interpretation Act: Provides rules for statutory interpretation and general provisions applicable to Singapore legislation

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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